Vice President, Project Controls

Morgan Stanley•Dallas, TX

3d•$135,000 - $165,000

About The Position

Morgan Stanley is seeking a Vice President, Project Controls to lead project controls for its Dallas real estate development project. The role provides central oversight of schedule, budget, cost forecasting, risk management, and change control across the project lifecycle, helping ensure the objectives of a 700,000-square-foot development valued at approximately $1.3 billion are delivered within approved financial and schedule constraints. The Project Controls Manager is described as playing a critical leadership role in this work. The role sits within the Corporate Services division, which supports the Firm’s businesses through collaborative workplace solutions and commercial services, while optimizing sourcing and third-party lifecycle value. The position will be based at 1445 Ross Ave, Dallas, Texas, at a future date; it may begin remotely until the office is available. In-person interviews are required.

Requirements

15+ years of experience managing end-to-end cost controls as an owner for a corporate real estate capital project portfolio and major capital programs, and driving capital efficiencies in a global organization.
Capability managing cost controls for major capital programs in a country different from the base working location.
Experience with pre-contract responsibilities such as cost planning, benchmarking, design validation, risk management, and procurement.
Experience with post-contract responsibilities such as change control management, cost reporting, and process audits.
Experience with internal and external process audits, capitalization, and financial closure for real estate projects or major capital programs.
Knowledge of global construction practices, industry trends and cost indices, and accounting standards and policies.
Ability to analyze historical cost information and capital plans and prepare management information system reports at global and regional levels.
Proficiency in management reporting, cost estimation, benchmarking, cost data analytics, and process optimization.
Effective communication, problem-solving, and interpersonal skills.

Responsibilities

Collaborate with global stakeholders to support monthly and quarterly project updates.
Receive and verify Capital Management deliverables, including cost estimates, reports, and change-order assessments, and conduct independent cost verification to align with project requirements and regional codes and standards.
Evaluate program requirements and design information against the approved project budget throughout the project lifecycle, prepare gap reports, and collaborate with Capital Project Management teams on potential solutions.
Evaluate construction-industry trends, technologies, supply chains, and indices such as inflation and commodity prices, and assess their impact on the project.
Prepare and oversee financial forecast reports, including dashboards and program, project, and regional reports.
Partner with Capital Management teams, Financial Controllers Group, Legal Entity Controllers, and Accounts Payable on capitalization and accounting, capital planning, and vendor invoice and payment management for capital projects.
Manage talent development, training, and succession planning within the reporting team.
Promote continuous improvement and develop opportunities to improve the reporting team’s efficiency and effectiveness.
Collaborate with global stakeholders throughout the project lifecycle.
Communicate clearly and effectively with reporting teams, leadership, Capital Management teams, Finance, and other stakeholders, with attention to detail and clear articulation of messages to leadership.
Ensure delivery partners meet safety, quality, budget, and schedule requirements.